74,810 Shares in Vanguard Total Bond Market ETF $BND Acquired by Arax Advisory Partners

Arax Advisory Partners acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 74,810 shares of the company’s stock, valued at approximately $5,541,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of Vanguard Total Bond Market ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after acquiring an additional 8,283,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Total Bond Market ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after purchasing an additional 4,285,563 shares during the period. Creative Planning grew its holdings in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after purchasing an additional 10,046,828 shares during the period. Morgan Stanley boosted its holdings in shares of Vanguard Total Bond Market ETF by 15.0% in the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after acquiring an additional 16,287,510 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after acquiring an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $73.24 on Monday. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23. The business has a fifty day moving average price of $73.37 and a 200-day moving average price of $73.92.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.2473 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, June 1st.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.